Thai Plaspac PCL (BKK:TPAC) E10: ฿0.98 (As of Mar. 2026)


BKK:TPAC Thai Plaspac PCL BKK:TPAC
89 GF Score
Price ฿8.95
GF Value ฿10.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Thai Plaspac PCL E10?

Thai Plaspac PCL BKK:TPAC +0.56% 89 E10 is ฿0.98 as of Mar. 2026. GuruFocus rates BKK:TPAC with a GF Score™ of 89/100 and a GF Value™ of ฿10.39 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Thai Plaspac PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thai Plaspac PCL's average E10 Growth Rate was 14.00% per year. During the past 3 years, the average E10 Growth Rate was 13.70% per year. During the past 5 years, the average E10 Growth Rate was 14.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Thai Plaspac PCL was 15.40% per year. The lowest was 6.30% per year. And the median was 13.70% per year.

As of today (2026-07-01), Thai Plaspac PCL's current stock price is ฿8.95. Thai Plaspac PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.98. Thai Plaspac PCL's Shiller PE Ratio of today is 9.13.

During the past 13 years, the highest Shiller PE Ratio of Thai Plaspac PCL was 40.00. The lowest was 8.02. And the median was 22.29.


Thai Plaspac PCL  (BKK:TPAC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Thai Plaspac PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.95/0.98
=9.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Thai Plaspac PCL was 40.00. The lowest was 8.02. And the median was 22.29.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Thai Plaspac PCL E10 Related Terms


Thai Plaspac PCL E10 Historical Data

* Premium members only.

The historical data trend for Thai Plaspac PCL's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thai Plaspac PCL E10 Chart

Thai Plaspac PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.64 0.74 0.83 0.94

Thai Plaspac PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.88 0.91 0.94 0.98

BKK:TPAC vs SW, PKG, IP: E10 Comparison

For the Packaging & Containers subindustry, Thai Plaspac PCL's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thai Plaspac PCL Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plaspac PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Thai Plaspac PCL's Shiller PE Ratio falls into.


BKK:TPAC
89GF Score
Thai Plaspac PCL BKK:TPAC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Plaspac PCL E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Thai Plaspac PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.43/330.2130*330.2130
=0.430

Current CPI (Mar. 2026) = 330.2130.

Thai Plaspac PCL Quarterly Data

per share eps CPI Adj_EPS
201606 0.100 241.018 0.137
201609 0.080 241.428 0.109
201612 0.140 241.432 0.191
201703 0.090 243.801 0.122
201706 0.100 244.955 0.135
201709 0.150 246.819 0.201
201712 0.080 246.524 0.107
201803 0.060 249.554 0.079
201806 0.210 251.989 0.275
201809 -0.080 252.439 -0.105
201812 -0.070 251.233 -0.092
201903 0.240 254.202 0.312
201906 0.060 256.143 0.077
201909 0.070 256.759 0.090
201912 0.140 256.974 0.180
202003 0.280 258.115 0.358
202006 0.270 257.797 0.346
202009 0.240 260.280 0.304
202012 0.194 260.474 0.246
202103 -0.060 264.877 -0.075
202106 0.160 271.696 0.194
202109 0.150 274.310 0.181
202112 0.422 278.802 0.500
202203 0.270 287.504 0.310
202206 0.140 296.311 0.156
202209 0.240 296.808 0.267
202212 0.326 296.797 0.363
202303 0.425 301.836 0.465
202306 0.350 305.109 0.379
202309 0.440 307.789 0.472
202312 0.287 306.746 0.309
202403 0.420 312.332 0.444
202406 0.330 314.175 0.347
202409 0.300 315.301 0.314
202412 0.214 315.605 0.224
202503 0.370 319.799 0.382
202506 0.270 322.561 0.276
202509 0.370 324.800 0.376
202512 0.449 324.054 0.458
202603 0.430 330.213 0.430

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ฿0.98 mean?
Thai Plaspac PCL (BKK:TPAC) has a E10 of ฿0.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Thai Plaspac PCL and its competitors.
Is Thai Plaspac PCL's E10 too high?
Thai Plaspac PCL's current E10 is ฿0.98. Overall, Thai Plaspac PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Plaspac PCL's E10 compare to SW and PKG?
Thai Plaspac PCL's E10 of ฿0.98 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Packaging & Containers company?
A good E10 depends on the Packaging & Containers industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Thai Plaspac PCL and its competitors. Thai Plaspac PCL's current E10 is ฿0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plaspac PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plaspac PCL (BKK:TPAC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.39, compared to a current price of ฿8.95 — trading 13.9% below its estimated fair value. The current E10 is ฿0.98. Thai Plaspac PCL's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Thai Plaspac PCL (BKK:TPAC), the current E10 is ฿0.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thai Plaspac PCL (BKK:TPAC) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Plaspac PCL stock appears to be undervalued. The current stock price of ฿8.95 is trading 13.9% below its estimated GF Value™ of ฿10.39. GuruFocus considers Thai Plaspac PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPAC:

  • E10: ฿0.98
  • GF Value™: ฿10.39 vs. price of ฿8.95 (13.9% below fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the BKK:TPAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Plaspac PCL Business Description

Address Bang Khun Thian-Chay Thalae Road, 77 Soi Thian Thalae 30, Thakham, Bang Khun Thian, Bangkok, THA, 10150
Thai Plaspac PCL is a Thailand-based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow molding in-line inspections, and quality assurance. It serves food, daily products, consumer-household, and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.
89GF Score

Get the complete analysis for BKK:TPAC

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿8.95
Price
฿10.39
GF Value